The NZD/USD is holding up after a bit of a "relief rally on the hope that Europe leaders meeting tomorrow evening will be able to come to some sort of a conclusion," says Western Union Business Solutions Corporate Dealing Manager Chris Hunter. The pair is at 0.7657 versus 0.7650 early in New Zealand. While "they have all stated that they want to keep Greece as part of the euro zone, at this point it's just words," he says. He notes, however, any gains in the Kiwi are likely to be capped as it is unlikely there will be anything concrete ahead of the Greek elections, as "the simple fact is the Greek people are yet to decide what they want to do and the power is well and truly in their hands." Hunter says support is around 0.7610, while resistance is at 0.7680.
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